Planned Colgate plant renovations to lure prospective tenants

Renovations may help lure tenants

3:00 AM,
Dec. 5, 2012

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Just one tenant has been been using the 54-acre former Colgate plant in Clarksville nearly two years after an investment firm led by a longtime local gerontologist bought it.

But the Midwest Center for Foreign Investment's managing partner, Jayesh Sheth, said Tuesday that major renovations on the Clark's Landing project are planned in 2013 as the federal funding clock begins ticking and a few pending contracts are finalized.

The firm has two years starting in January to provide at least 10 full-time jobs and invest at least $500,000, meaning "now is when we get to start spending money," ...